Pacific Drilling S.A. (PACT) said Friday that it has priced the private placement to eligible purchasers of $750 million in aggregate principal amount of the company's 5.375% senior secured notes due 2020.
The notes mature on June 1, 2020 and will be issued at par.
Proceeds from the offering,...
Community Valley Bank (CMUV.OB) Friday announced the retirement of Robert Hahn as President and Chief Executive Officer, effective May 16.
Hahn served as the inaugural President and Chief Executive Officer from October 1, 2007 until his retirement.
Community Valley Bank named Jon Edney as the...
SPY Inc. (XSPY.OB), Friday said its Chief Financial Officer Michael Angel has announced his intention to resign, in order to return to his permanent home.
Angel will be available for the company as a full time interim CFO consultant until the appointment of a successor. SPY has commenced a search for a new CFO.
Halliburton Co. (HAL) said Friday its shareholders elected all eleven nominees to the board of directors and ratified the selection of KPMG LLP as principal independent public accountants for 2013 at its annual meeting of shareholders.
The shareholders also approved, on an advisory basis, the compensation...
Qualstar Corp. (QBAK) announced the appointment of Allen Alley as Chairman of the Board.
Commenting on Alley, the company said he is the founder and investor in private and public companies, and current independent director of Qualstar.
The company also designated Gerald Laber, a newly appointed...
Fitch Ratings said Friday that it has affirmed Verizon Communications Inc.'s (VZ) Issuer Default Ratings 'A'.
The Rating Outlook is Stable.
Fitch said Verizon's ratings are supported by strong free cash flows which, in turn, provide the company flexibility with respect to operating within its...
Accenture plc (ACN) said Friday that it has agreed to buy Acquity Group Ltd. (AQ), a digital marketing and eCommerce company, for about $316 million in cash.
Accenture will pay $13.00 per outstanding American Depositary Share, each of which represents two ordinary shares, in cash for Acquity Group.
Acquity...
Qlogic Corp. (QLGC) said that its president and chief executive officer or CEO, Simon Biddiscombe has resigned from his positions in order to pursue other opportunities. Simon's resignation was effective immediately.
The company stated that its Board has appointed CFO Jean Hu as interim CEO. Hu currently...
Tanger Factory Outlet Centers, Inc. (SKT) Friday said it has appointed Steven Tanger as its President & Chief Executive Officer to serve for the ensuing year.
Frank Marchisello, Jr. has been named Executive Vice President & Chief Financial Officer, while Thomas McDonough will assume the role of Executive...
Biglari Holdings Inc. (BH) Friday reported second-quarter profit of $2.18 million, down from $4.53 million in the same period last year.
Operating earnings plunged to $1.65 million from $7.89 million last year.
Consolidated affiliated partnerships investment gains and other income amounted to...
Värde Partners, Inc. said Friday that certain funds managed by it have completed the acquisition of FirstCity Financial Corp. (FCFC).
Pursuant to the terms of the deal, which was originally announced in December, Mark Horrell, who previously served as Senior Vice President and Head of U.S. Acquisitions...
Churchill Downs Inc. (CHDN) or CDI, announced that it has closed an amendment to its revolving credit facility. The amendment, which was approved by the Company's Board of Directors in April, received regulatory approval on May 16, 2013. The Amendment is effective concurrently with the closing.
The...
Transocean Ltd. (RIG) said Friday that excluding the Icahn Group's shares, more than 75% of the total votes cast in favor of a dividend at the company's 2013 Annual General Meeting supported the board's dividend proposal of $2.24 per share out of additional paid-in capital, rejecting the Icahn Group's...
Danish drug maker Novo Nordisk A/S (NVO) Friday announced positive results from the first Phase-3 trial with a long-acting FIX derivative, N9-GP, in the treatment of haemophilia B patients.
Haemophilia B a blood clotting disorder caused by a mutation of the Factor IX gene, leading to a deficiency...
United Technologies Corp. (UTX) said Friday that it has completed the divestiture of its Pratt & Whitney Power Systems unit to Mitsubishi Heavy Industries.
Terms of the deal were not disclosed.
Divesting Power Systems allows United Technologies to focus on its core aerospace and commercial businesses.
Pratt...